Many people may not understand, but it is possible to buy or sell the land privately without the involvement of agents. If you are considering purchasing a particular asset, you do not have to wait for the property to go to the market or appear in real estate in the newspaper to offer a purchase offer.
Ten tips for buying or selling real estate:
- Include the services of bidders or lawyers who have experience and expertise in property issues
- Keep in mind the prepared contract, to sign when you come up with a buyer who is ready to pay the appropriate price.
- The first obligation of the seller/buyer is to provide the exact name of the property. Ensure that your property can be freed from any burden or order or settlement conditions so that the buyer/seller has a clear title for the asset.
- Avoid long settlement. It is possible that the customer wants a broad solution, say 6 or 12 months instead of the usual 30 or 45 days.
- Agents are generally very good at protecting the position of their clients, but they take a big commission. They also have an interest in ensuring that the settlement continues without delay so that they can make their commissions.
- The first thing you need to do when you sign a property purchase contract, especially where experts are representing the interests of any party, is to keep your investments safe.
- Before signing a contract, you must pay attention to the property: e.g., Get a report on the inspection of the building, talk with neighbors, etc.
- Even if you think you are an experienced buyer, make sure you have a lawyer or tenderer’s review by contract
- Make sure your finances are excellent and buy assets that are lower than market value. If necessary, you get a formal valuation of the property.
- Make sure that the seller has a seller’s deposit, not the seller if he has not presented it.